Uploaded on Dec 5, 2022
CounterTEN is the Best Utility NFTs. CounterTEN is the only NFT platform to allow Brands to design, create and download NFTs directly to mobile wallet, and verify them using a QR code. Our secure platform provides brands with a new way to engage fans by creating collectible assets and experiences.
Best Utility NFTs
How NFTs Will
Revolutionize
the World
•According to Google Trends data, the search
volume on Google for the keyword NFT is
equivalent to 25% of the highest volume
reported during the last 12 months for the
keyword ‘Bitcoin'. This is why artists, singers
and even painters have decided to migrate
their creations to the world of NFTs after
knowing all the benefits that this implies.
•In short, an NFT (or non-fungible token) is an
asset whose main qualities are that it is
unique and unrepeatable. To convert a work
of art into a non-fungible token, the following
variables must be taken into account:
•First of all, in the case of a physical painting or
photograph, the artist is recommended to
digitize it with a good quality scanner, which can
be obtained from printers or specialized printing
companies. All to obtain a digital copy with
excellent quality. If the piece of art is a sculpture,
the authors can opt for a 3D scanner to create
their digital replicas of the work.
•On the other hand, once the art is digitized, the
artist can do the retouching to correct the
needed details after the scanning process. At that
time, the author must declare his work as unique
and can do so with both physical and digital
pieces. In expressing both, he will have the
possibility of offering the pack or selling both
separately.
•The other option that the author has is to
declare the digital work and destroy the
physical one so that it is a unique piece. On
the other hand, the author can also destroy
the physical piece, record the process and
then sell it in combo with digital art to
guarantee the originality and exclusivity of
the work.
•NFTs (Non-Fungible Tokens) are intangible
assets that are not consumed with their use
but are unique. Therefore it is irreplaceable,
and it represents a monetary value. But let's
go in parts. A banknote is a replaceable good,
which can be exchanged for other identical
banknotes or for several that add up to an
equivalent value. On the contrary, a piece of
art is a unique object that cannot be replaced
by another and represents a monetary value.
What is the function of NFTs?
•An NFT is a digital asset validated by a
shielded digital contract that guarantees
its ownership and authenticity.
Best Utility NFTs take digital work to the
next level, helping developers, artists or
anyone on the internet to monetize their
digital assets and giving buyers the
certainty that the piece belongs to them.
•The commercialization of NFT generated
more than 3,000 million, and this figure is
expected to increase with the arrival of
the Metaverse and the development of
Virtual Reality technologies.
NFT use cases
These tokens are based on a type of
technology that provides them with
certain characteristics. “In general
terms, you could say there is only one
type of NFT. It is used to represent a
digital work, a painting or a house. But
from a technological point of view,
NFTs in google wallet could
differentiate NFTs based on the
blockchain network where they have
been issued, with Ethereum, Polygon or
Tezos being some of the main networks
where this type of crypto active is being
issued”, points out the professor.
Contact us
CounterTEN
City: San Diego
State: California
Pin Code: 92130
Phone: 858-251-9032
www.counterten.com/
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